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Thermo Fisher Scientific Inc (NYSE:TMO)
Cash Flow from Operations
$2,011 Mil (TTM As of Dec. 2013)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2013, Thermo Fisher Scientific Inc's Net Income From Continuing Operations was $343 Mil. Its DDA was $249 Mil. Its Change In Working Capital was $385 Mil. Its cash flow from deferred tax was $-268 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $19 Mil. In all, Thermo Fisher Scientific Inc's Cash Flow from Operations for the three months ended in Dec. 2013 was $729 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Thermo Fisher Scientific Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

Thermo Fisher Scientific Inc's Cash Flow from Operations for the quarter that ended in Dec. 2013 is

Thermo Fisher Scientific Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2013 was 298.3 (Mar. 2013 ) + 478.4 (Jun. 2013 ) + 505.5 (Sep. 2013 ) + 728.5 (Dec. 2013 ) = $2,011 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Thermo Fisher Scientific Inc's net income from continuing operations for the three months ended in Dec. 2013 was $343 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Thermo Fisher Scientific Inc's depreciation, depletion and amortization for the three months ended in Dec. 2013 was $249 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Thermo Fisher Scientific Inc's change in working capital for the three months ended in Dec. 2013 was $385 Mil. It means Thermo Fisher Scientific Inc's working capital increased by $385 Mil from Sep. 2013 to Dec. 2013 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Thermo Fisher Scientific Inc's cash flow from deferred tax for the three months ended in Dec. 2013 was $-268 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Thermo Fisher Scientific Inc's cash flow from discontinued operations for the three months ended in Dec. 2013 was $0 Mil.

6. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Thermo Fisher Scientific Inc's cash flow from others for the three months ended in Dec. 2013 was $19 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Thermo Fisher Scientific Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
NetIncomeFromContinuingOperations 2181981697619758519971,0231,2581,279
CF_DDA 661232417577937877468609841,000
ChangeInWorkingCapital -30-31-100-24-318115-176-265-34121
CF_DeferredTax 3-5-74-91-131-249-268-123-302-473
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 7-141698110115419919713384
Cash Flow from Operations 2652714061,4841,4201,6591,4981,6912,0402,011

Thermo Fisher Scientific Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
NetIncomeFromContinuingOperations 266293281292299386341278318343
CF_DDA 229246243242245254251249250249
ChangeInWorkingCapital -89-18-12994838-292-3461385
CF_DeferredTax -10459-43-72-128-58-16-49-140-268
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 58584137154014351619
Cash Flow from Operations 361637392508480660298478506729
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